Is Macedonia Family Resource Center Inc…

Quick charity verification for Macedonia Family Resource Center Inc (EIN: 10645309)

Strengths

Consistent asset growth, increasing from $110,306 in 2014 to $432,239 in 2023.
Maintains very low liabilities, typically around $2,500, indicating strong financial stability.
Consistently reports 0% officer compensation, suggesting efficient use of funds for mission-related activities.
Positive revenue-to-expense ratio in most years, leading to surpluses for reinvestment.
Long history of consistent IRS 990 filings (13 filings), demonstrating transparency and compliance.

Spending Breakdown

How Macedonia Family Resource Center Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Macedonia Family Resource Center Inc

Is Macedonia Family Resource Center Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Macedonia Family Resource Center Inc (EIN: 10645309) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.

Is Macedonia Family Resource Center Inc a good charity to donate to?

Macedonia Family Resource Center Inc has a Mission Score of 85/100. Revenue: $473K. Assets: $537K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Macedonia Family Resource Center Inc?

The Employer Identification Number (EIN) for Macedonia Family Resource Center Inc is 10645309. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Macedonia Family Resource Center Inc spend its money?

Macedonia Family Resource Center Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Macedonia Family Resource Center Inc's tax-exempt status?

You can verify Macedonia Family Resource Center Inc's tax-exempt status using EIN 10645309 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Macedonia Family Resource Center Inc demonstrates consistent financial growth and prudent management over the past decade. The organization has shown a positive trend in revenue, increasing from $150,124 in 2014 to $266,681 in 2023, with a peak of $356,466 in 2021. This growth has allowed for a significant increase in assets, from $110,306 in 2014 to $432,239 in 2023, indicating a healthy accumulation of resources. The organization consistently maintains low liabilities, typically around $2,500, which is a strong indicator of financial stability and responsible debt management.

Spending efficiency appears to be strong, as evidenced by the consistent surplus of revenue over expenses in most years, particularly in recent periods like 2023 where revenue was $266,681 against expenses of $225,905. This surplus allows for reinvestment into programs and asset growth. The absence of reported officer compensation across all filings suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive sign for donor confidence regarding administrative overhead. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency across these categories is limited.

Transparency is generally good given the consistent filing of IRS Form 990s over 13 periods. The consistent reporting of zero officer compensation is a notable point for transparency. To further enhance transparency, the organization could provide more detailed breakdowns of its functional expenses, allowing stakeholders to better understand the allocation of funds between program delivery, administrative support, and fundraising efforts. Overall, the financial health appears robust, with a clear pattern of growth and responsible financial stewardship.

Is Macedonia Family Resource Center Inc Legit?

Verdict: Macedonia Family Resource Center Inc appears trustworthy

Red Flags